**Introduction:** Calculating Full-Time Equivalent (FTE) is crucial for businesses to assess the workload of part-time employees in relation to full-time positions. This online calculator streamlines the process by allowing users to input the hours worked by an employee and the standard full-time hours to determine the FTE.

**Formula:** To calculate FTE, divide the hours worked by the employee by the standard full-time hours. The formula is: FTE = Hours Worked / Standard Full-Time Hours. This calculation is valuable for workforce planning, budgeting, and understanding the workforce composition.

**How to Use:**

- Enter the total hours worked by the employee in the designated input field.
- Input the standard full-time hours (typically 40 hours per week).
- Click the “Calculate” button to get the FTE value instantly.

**Example:** If an employee works 30 hours per week, and the standard full-time hours are 40, enter 30 as the hours worked and 40 as the standard full-time hours. Click “Calculate,” and the result will show the FTE as 0.75.

**FAQs:**

**Q: Why is calculating FTE important for businesses?**- A: FTE calculation helps businesses understand the workforce composition, plan staffing levels, and allocate resources effectively.

**Q: Can this calculator be used for hourly or salaried employees?**- A: Yes, the calculator is suitable for both hourly and salaried employees. Enter the hours worked accordingly.

**Q: Is the result rounded off to a specific decimal place?**- A: Yes, the calculator displays the FTE value rounded off to two decimal places.

**Q: What is considered standard full-time hours for FTE calculation?**- A: Standard full-time hours are typically considered as 40 hours per week. Adjust the input based on the standard in your organization.

**Q: How can FTE be used in workforce planning?**- A: FTE helps in determining the equivalent workload of part-time employees compared to full-time positions, aiding in workforce optimization.

**Conclusion:** Simplify the process of calculating Full-Time Equivalent (FTE) with this user-friendly online calculator. Whether you are managing staffing levels, budgeting, or analyzing workforce composition, this tool provides a quick and accurate solution for determining FTE based on hours worked and standard full-time hours.